NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Nov 1, 2013 03:24 PM CDT

Ethanol futures continue to erode Friday. The beginning of a new month did little to help an ethanol market that remains under pressure and is losing commercial support. November ethanol futures led the market lower, with front-month contracts accounting for a 3.9-cent-per-gallon loss. This is substantially expounded from the fractional price reduction seen in December futures. November futures are trading at $1.749 a gallon. Although front-month futures are holding a 10-cent gain over other nearby contracts, continued moves like seen Friday will not take long to erode any near-term support in the market.

RBOB gasoline futures started the month of ...

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